Metallic Minerals Total Debt vs. Price To Book
| MMG Stock | CAD 0.16 0.01 6.67% |
For Metallic Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Metallic Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Metallic Minerals Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Metallic Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Metallic Minerals Corp over time as well as its relative position and ranking within its peers.
Metallic |
Metallic Minerals Corp Price To Book vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Metallic Minerals's current stock value. Our valuation model uses many indicators to compare Metallic Minerals value to that of its competitors to determine the firm's financial worth. Metallic Minerals Corp is regarded third in total debt category among its peers. It is regarded fifth in price to book category among its peers . The ratio of Total Debt to Price To Book for Metallic Minerals Corp is about 170,087 . Price To Book Ratio is likely to drop to 4.11 in 2024. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Metallic Minerals' earnings, one of the primary drivers of an investment's value.Metallic Total Debt vs. Competition
Metallic Minerals Corp is regarded third in total debt category among its peers. Total debt of Materials industry is now estimated at about 8.66 Million. Metallic Minerals holds roughly 646,485 in total debt claiming about 7% of all equities under Materials industry.
Metallic Price To Book vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Metallic Minerals |
| = | 646.49 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Metallic Minerals |
| = | 3.80 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Metallic Price To Book Comparison
Metallic Minerals is currently under evaluation in price to book category among its peers.
Metallic Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Metallic Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Metallic Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Metallic Minerals' change in net profit over the period of time. It can combine multiple indicators of Metallic Minerals, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 4.5 M | 4.7 M | |
| Operating Income | -4.5 M | -4.3 M | |
| Income Before Tax | -4.4 M | -4.7 M | |
| Total Other Income Expense Net | 80.5 K | 84.6 K | |
| Net Loss | -4.4 M | -4.7 M | |
| Income Tax Expense | -19.8 K | -20.7 K | |
| Net Loss | -6.5 M | -6.2 M | |
| Net Loss | -6.5 M | -6.2 M | |
| Net Interest Income | 17.5 K | 22.2 K | |
| Interest Income | 17.5 K | 22.2 K | |
| Change To Netincome | 862 K | 905.1 K | |
| Net Loss | (0.03) | (0.03) | |
| Income Quality | 1.20 | 1.36 | |
| Net Income Per E B T | 0.83 | 0.70 |
Metallic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Metallic Minerals. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Metallic Minerals position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Metallic Minerals' important profitability drivers and their relationship over time.
Use Metallic Minerals in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Metallic Minerals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Metallic Minerals will appreciate offsetting losses from the drop in the long position's value.Metallic Minerals Pair Trading
Metallic Minerals Corp Pair Trading Analysis
The ability to find closely correlated positions to Metallic Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Metallic Minerals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Metallic Minerals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Metallic Minerals Corp to buy it.
The correlation of Metallic Minerals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Metallic Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Metallic Minerals Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Metallic Minerals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Metallic Minerals position
In addition to having Metallic Minerals in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run ESG Investing Thematic Idea Now
ESG Investing
Sustainable investments that promote the conservation of the natural world, social resposibility, freindly employees policies and strong governance. The ESG Investing theme has 51 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize ESG Investing Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Metallic Stock Analysis
When running Metallic Minerals' price analysis, check to measure Metallic Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Metallic Minerals is operating at the current time. Most of Metallic Minerals' value examination focuses on studying past and present price action to predict the probability of Metallic Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metallic Minerals' price. Additionally, you may evaluate how the addition of Metallic Minerals to your portfolios can decrease your overall portfolio volatility.